JACKSON, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Timothy A.
Dawson will retire as the Company’s Chief Financial Officer and Director
at the Cal-Maine Foods’ annual meeting of shareholders, scheduled for
October 5, 2018.

Commenting on the announcement, Dolph Baker, chairman and chief
executive officer, said, “Tim Dawson has played an important strategic
role in the success of Cal-Maine Foods since he joined the Company in
2005. During this period, the Company has enjoyed significant growth,
both organically and through acquisitions, all under Tim’s capable
financial leadership. We appreciate his hard work and dedicated service
to the Company, and we wish him all the best in his retirement.”

The Company also announced that Max P. Bowman will join Cal-Maine Foods
as Vice President of Finance, effective June 25, 2018. Bowman will
become Chief Financial Officer of Cal-Maine Foods, Inc. following
Dawson’s retirement.

Bowman (age 57) is currently Chief Financial Officer, Vice President and
Secretary of Southern States Utility Trailer Sales and H&P Leasing in
Richland, Mississippi, with responsibility for all banking
relationships, accounting, finance, treasury and general business
operations. Prior to this, Bowman was Co-Founder and served as President
and Chief Financial Officer of Tenax Aerospace, an aircraft leasing
business in Ridgeland, Mississippi, and previously served as Chief
Financial Officer of ChemFirst, a NYSE listed company located in
Jackson, Mississippi. He also worked in risk management and internal
audit positions with ChemFirst after starting his financial career as a
senior staff accountant with Arthur Andersen & Co.

Bowman received a Bachelor of Business degree in Accounting from
Mississippi State University. He is a Certified Public Accountant.

“We are very pleased to have Max Bowman join our senior management
team,” said Baker. “He has extensive experience in directing accounting,
finance, acquisitions, business development and risk management with a
history of strong performance. His previous financial role with a public
company will continue to support our primary objective to maximize
shareholder value. We look forward to working with Tim and Max through
this transition as we continue to execute our growth strategy.”

Cal-Maine Foods, Inc. is primarily engaged in the production, grading,
packing and sale of fresh shell eggs, including conventional, cage-free,
organic and nutritionally-enhanced eggs. The Company, which is
headquartered in Jackson, Mississippi, is the largest producer and
distributor of fresh shell eggs in the United States and
sells the majority of its shell eggs in states across the southwestern,
southeastern, mid-western and mid-Atlantic regions of the United States.